02.01.19
L’Oréal: named Christophe Babule as its new executive vice president, chief financial officer and member of L’Oréal’s executive committee as of mid-February 2019. He succeeds Christian Mulliez who, after 17 years as executive vice president, chief financial officer, and 36 years in the Group, has expressed his desire to take a step back from his professional activity for personal reasons. Mulliez will work with Babule in his new role until he leaves L’Oréal at the end of April 2019, and will hand over his operational responsibilities after the annual financial analysts meeting in February 2019.
Babule has spent his career with L’Oréal, joining in 1988 after his studies at HEC Paris. He spent seven years in the luxury division in Italy before moving to Asia, first based in France for the zone, and subsequently as director of administration and finance based in China. In 2007, he was appointed administration and financial director for Mexico. In 2010, he returned to France to join Mulliez’s executive committee as director of internal audit for nearly five years. Afterwards he was appointed to his current position as administration and financial director for the Asia Pacific Zone based in Shanghai and then in Hong Kong.
In other news, Cyril Chapuy was appointed president of L’Oréal Luxe and member of the group’s executive committee. He joined L’Oréal Paris as product manager in 1993.
Babule has spent his career with L’Oréal, joining in 1988 after his studies at HEC Paris. He spent seven years in the luxury division in Italy before moving to Asia, first based in France for the zone, and subsequently as director of administration and finance based in China. In 2007, he was appointed administration and financial director for Mexico. In 2010, he returned to France to join Mulliez’s executive committee as director of internal audit for nearly five years. Afterwards he was appointed to his current position as administration and financial director for the Asia Pacific Zone based in Shanghai and then in Hong Kong.
In other news, Cyril Chapuy was appointed president of L’Oréal Luxe and member of the group’s executive committee. He joined L’Oréal Paris as product manager in 1993.